850 Front Street S, Issaquah, WA 98027

WA, Issaquah
$2,500,000
  • 9,280 Sqft
  • Residential Income Property Type
  • 1962 Year Built
  • Closed Status
Property Description

The Colby Apartments 10-Unit Complex. Solid investment venture with current income & Value Added Opportunities. Great opportunity for investors who recognize current value w/under market rents; Ability to make improvements to existing units, creating additional income value. Large 2nd vacant lot creates more options for potential development. Located just south of downtown Issaquah. Fully rented units. High rental demand area for employees of nearby Costco Headquarters, Swedish Hospital, Microsoft etc. Forested areas & paths to downtown Issaquah create an ideal living space for access to work, town and the outdoors! Take advantage now and discover for yourself this remarkable opportunity!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2030714
  • Price: $2,500,000
  • View: Territorial
  • Square Footage: 9,280 Sqft
  • Year Built: 1962
  • Lot Area: 0.54 Acre
  • Status: Closed
  • Office Name: Windermere Real Estate/East
  • Agent Name: Craig M Gaudry
  • Property Sub Type: Multi-Family
  • Roof: Torch Down
Features
  • Exterior Features Stone, Wood
  • Flooring Hardwood, Carpet, Vinyl
  • Interior Features Hardwood, Wall to Wall Carpet
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County King
  • City Issaquah
  • Zipcode 98027
  • Street: Front
  • Street Number: 850
  • Street Suffix: Street
  • Longitude: W123° 58' 5.6''
  • Latitude: N47° 31' 15.1''
  • Directions: From I-90, take exit 17 to Front St. Proceed South through downtown Issaquah to Front St S. Property located on the Left - 850 Front St S.
  • Mls Area Major: 500 - East Side/South of I-90
  • Street Dir Suffix: S
Neighborhood
  • Elementary School: Clark Elem
  • High School: Issaquah High
  • High School District: Issaquah
  • Middle School: Issaquah Mid
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2023-01-25
  • Number Of Units Total: 10
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 26239
Listing Information
  • Co List Agent Full Name: Phil Snyder
  • Co List Agent Mls Id: 25078
  • Co List Office Mls Id: 5652
  • Co List Office Name: RSVP Real Estate-ERA Powered
  • List Agent Mls Id: 70041
  • List Office Mls Id: 6393
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:46:31Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-10-21T17:51:04Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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